Petrol and diesel prices unchanged on Sunday, May 2, 2021. Fuel rates have remained unchanged for over 16 consecutive days.
On Friday, April 30, Brent crude futures declined 1.21 per cent to $67.73 per barrel. The rupee snapped its four-day winning streak on Friday to settle on a flat note, two paise lower at 74.09 against the US dollar. This has not impacted on fuel prices today.
In Delhi, petrol is being sold at Rs 90.40 per litre and diesel is priced at Rs 80.73 per litre, according to the Indian Oil Corporation. In Mumbai, the price of petrol is Rs 96.83 per litre and diesel is RS 87.81 per litre.
In Chennai, the price of petrol is Rs 92.43 per litre and diesel is RS 85.75 per litre. In KOkcutta, the price of petrol is Rs 90.63 per litre and diesel is RS 83.61 per litre.
According to the state-run oil refiner. Presently, fuel prices are the highest in Mumbai among the four metro cities. Petrol and diesel prices vary across states in India due to the value-added tax
The state-run oil marketing companies - Indian Oil Corporation, Bharat Petroleum, as well as Hindustan Petroleum align the rates of domestic fuel with the global crude oil prices by taking into account any changes in the foreign exchange rates.